Great West Lifeco

Great West Lifeco
DATE OF CREATION: 1891, Canada
CLASS OF BUSINESS: Life
MAIN UNDERWRITING ZONES: America, Europe and Asia
15 structures and presence in Canada, United States and Europe.

Great West Lifeco: contact

Address : 100 Osborne Street North Winnipeg, Manitoba R3C 1V3, Canada
Tel : +1 204 946 1190 / 1 888 252 1847
Website: www.greatwestlifeco.com

Great West Lifeco: rating

AgencyRatingOutlook
Standard & Poor'sAAStable
A.M. BestA+Stable
Moody’sAa3Stable
Fitch RatingsAAStable

Great West Lifeco: main indicators

in thousands USD
 2018201920202021
Global turnover29 307 00033 109 00037 357 00044 908 000
Reinsurance turnover7 737 00013 657 00015 373 00024 394 000
Shareholder’s equity20 082 00019 547 00021 133 00023 850 000
Net result2 268 0001 907 0002 406 0002 552 000

Great West Lifeco: capital and shareholding

ShareholdersEn%Great West Lifeco capital
Power Financial Corp70.57%
Others29.43%

Great West Lifeco: management

R. Jeffrey OrrChairman of the board
Paul A. MahonPresident & CEO
Arshil JamalGroup head, strategy, investments, reinsurance and corporate development
Garry MacNicholasChief financial officer
Graham R.BirdChief risk officer
David HarneyChief operating officer, Europe
Jeff MacounChief operating officer, Canada

Source: Great West Lifeco and A.M. Best
(1) Including preferred shares Exchange rate as at 31/12/2018: 1 CAD = 0.73297 USD ; as at 31/12/2019: 1 CAD = 0.76524 USD ; as at 31/12/2020: 1 CAD = 0.78228 USD ; as at 31/12/2020: 1 CAD = 0.78228 USD ; 31/12/2021: 1 CAD = 0.78241 USD

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